Filing: C3.ai plans to cut ~26% of its workforce; the company had ~1,200 employees as of April 2025; C3.ai shares drop 20%+ after hours on weaker FY guidance (Brody Ford/Bloomberg)

Jack Dorsey’s Block is eliminating more than 4,000 jobs, roughly 40% of its workforce, as it shifts to an “intelligence-native” model that relies on AI efficiencies. The layoffs will reduce the company’s headcount from over 10,000 to fewer than 6,000 employees.

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